Bank of America
BAC
2,946 hedge funds and large institutions have $224B invested in Bank of America in 2024 Q2 according to their latest regulatory filings, with 198 funds opening new positions, 1,161 increasing their positions, 1,252 reducing their positions, and 132 closing their positions.
50% more first-time investments, than exits
New positions opened: 198 | Existing positions closed: 132
5% more capital invested
Capital invested by funds: $214B → $224B (+$10.8B)
1% more funds holding in top 10
Funds holding in top 10: 108 → 109 (+1)
1% more funds holding
Funds holding: 2,919 → 2,946 (+27)
0.54% more ownership
Funds ownership: 71.6% → 72.13% (+0.54%)
7% less repeat investments, than reductions
Existing positions increased: 1,161 | Existing positions reduced: 1,252
25% less call options, than puts
Call options by funds: $4.56B | Put options by funds: $6.11B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$1.09B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$790M |
| 3 |
Sanders Capital
West Palm Beach,
Florida
|
+$732M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$381M |
| 5 |
Amundi
Paris,
France
|
+$367M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
-$772M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$714M |
| 3 |
BlackRock
New York
|
-$558M |
| 4 |
Dodge & Cox
San Francisco,
California
|
-$394M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$325M |
BAC Hedge Fund Activity: Q2 2024 in Review
2,946 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Bank of America (BAC) for Q2 2024, worth a combined $224B — up 5% from $214B a quarter earlier.
Buyers outnumbered sellers: 198 funds opened new BAC positions and 132 closed out — a net gain of 66 holders — while 1,161 added to existing stakes and 1,252 trimmed.
The largest buyer was Capital World Investors, adding an estimated $1.09B. The largest seller was Parnassus Investments, cutting an estimated $772M.
- 2,946 institutional investors held Bank of America (BAC) as of Q2 2024, up from 2,919 in Q1 2024.
- Funds reported $224B of Bank of America stock for Q2 2024, up 5% quarter-over-quarter.
- 198 funds opened new Bank of America positions in Q2 2024 and 132 closed out, a net change of +66 holders.
- The largest Bank of America buyer in Q2 2024 was Capital World Investors, an estimated $1.09B added.
- The largest Bank of America seller in Q2 2024 was Parnassus Investments, an estimated $772M sold.
Based on aggregated 13F filings for Q2 2024.